Certified Medical Billing/Coding Specialist Salary

On average, commissions constitute a fair portion (two in five) of final income for Certified Medical Billing Specialists. That final number averages out to $31K across the industry. Total cash earnings of Certified Medical Billing Specialists range from $22K on the low end to $45K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $2K and $5K, respectively. Career length is the biggest factor affecting pay for this group, followed by geography. Health benefits are not enjoyed by everyone in this line of work, and nearly one in four lack any coverage at all. Medical benefits are reported by a strong majority and dental coverage is claimed by a little over a half. The majority of workers are highly satisfied with their job. This report is based on responses to the PayScale salary survey.
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$24,167 - $51,730
(Median)
$24K
$35K
$52K
MEDIAN: $35,374
10%
50%
90%

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$10.19 - $19.70
(Median)
$10
$15
$20
MEDIAN: $14.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$18K$36K$54K
Salary
$24,167 - $51,730  
   
Bonus
$0.00 - $1,961  
Profit Sharing
$255.32 - $5,034  
Commission
$12,500  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$21,592 - $44,805  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 509
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$11$22$33
Hourly Rate
$10.19 - $19.70  
   
Hourly Tips
$0.00  
Overtime
$7.21 - $30.64  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$22K$44K$66K
Bonus
$0.00 - $1,961  
   
Commission
$12,500  
Profit Sharing
$255.32 - $5,034  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$21,592 - $44,805  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 1,583
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Job Description for Certified Medical Billing/Coding Specialist

A certified medical billing/coder specialist is a skilled medical worker who functions in an office-based setting to interpret official medical records into codes which can be submitted to insurance companies for payment. The certified medical billing/coder specialist must be skilled in understanding medical terminology and searching the medical provider's documentation to identify all diagnoses, conditions, reasons for treatment, services and procedures recorded, and to assign the appropriate billing code to each. The codes determine the amount that the physician is paid for his or her services. The codes are contained in the medical records coder "bibles," the ICD-9 and CPT-4 books. Working as a certified medical billing/coder specialist requires a strong background not only in medical terminology, but also in anatomy and physiology, pharmacology, computer and typing skills, billing, and accounting. Certified medical billing/coder specialist students also complete a hands-on practicum prior to graduating. Certified medical billing/coder specialist programs are offered as diploma or degree programs. Upon graduation, the coder must take and pass a national certification exam. Certified medical billing/coder specialists work in a variety of settings, including hospitals, outpatient and inpatient clinics, surgical centers, and dental offices. Any place that provides medical services requires the services of a certified medical billing/coder specialist. Certified medical billing/coder specialists work in conjunction with physicians and other medical providers and, in addition to coding services, provide education to providers regarding medical record requirements and conduct chart reviews for completeness. Certified medical billing/coder specialists have the ability to make their own schedule, and with telecommuting can even work at home.


Certified Medical Billing/Coding Specialist Tasks

  • Organize and verify patient records, bills, and statements.
  • Code patients' diagnoses and requests payment from insurance companies or individuals.
  • Record and process patient data including treatment records, insurance information, bills, and payments.
  • Set-up payment plans for patients.

Common Career Paths for Certified Medical Billing/Coding Specialist


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While Certified Medical Billing Specialists do not often become Medical Billing Managers, the job pays $41K per year on average. When Certified Medical Billing Specialists are ready for the next step in their careers, they often become Certified Professional Coders or Medical Coders. Those roles pay an additional $5K and $3K, respectively.

Medical Billing/Coding Specialist Job Listings

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Popular Skills for Certified Medical Billing/Coding Specialist


Certified Medical Billing Specialists report using a pretty varied skill set on the job. Most notably, skills in International Statistical Classifications of Diseases - 9 Coding, Accounts Receivable, Medical Coding, and Medicaid & Medicare Billing are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include Claim Handling. Most people skilled in Insurance are similarly competent in Medicaid & Medicare Billing.

Pay by Experience Level for Certified Medical Billing/Coding Specialist

Median of all compensation (including tips, bonus, and overtime) by years of experience.


For Certified Medical Billing Specialists, more experience in the field does not usually mean bigger paychecks. The average beginner in this position makes around $30K, but folks who have been around for five to 10 years see a markedly higher median salary of $34K. Certified Medical Billing Specialists bring in $38K after working for 10 to 20 years. Veterans who have surpassed the 20-year mark may make only slightly more than those who are navigating the mid-career stage; the more senior group reports median earnings of around $41K.

Pay Difference by Location

National Average: $31,402

Larger city markers indicate a job is popular in that location.

Surpassing the national average by 7 percent, Certified Medical Billing Specialists in Phoenix receive some of the highest pay in the country. Certified Medical Billing Specialists can also look forward to large paychecks in cities like Dallas (+5 percent), Tampa (+4 percent), Los Angeles (+3 percent), and Atlanta (+3 percent). Austin ranks last in the field for pay, reporting salaries 8 percent below the national average. Jacksonville and Houston are a couple other places where companies are known to pay below the median — salaries tend to be 5 percent less than the median.

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Experience Affects Certified Medical Billing/Coding Specialist Salaries




National Average
$31,000


Skills That Affect Certified Medical Billing/Coding Specialist Salaries

International Statistical Classifications of Diseases - 9 (ICD - 9) Coding
up arrow 6%

Accounts Receivable
up arrow 3%

Medical Coding
up arrow 2%

Medicaid & Medicare Billing
up arrow 1%

Insurance
up arrow 1%

Billing
0%

Electronic Medical Records (EMR)
0%

National Average
$31,000

Claim Handling
up arrow 11%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 192 votes.

Gender

Female
94 %
Male
6 %

Years of Experience

Less than 1 year
16%
1-4 years
53%
5-9 years
15%
10-19 years
12%
20 years or more
4%

Common Health Benefits

medical benefits
Medical: 72%
dental benefits
Dental: 52%
medical benefits
Vision: 45%
dental benefits
None: 25%
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